Oil price tumbling amid uncertainty

Easing of fears over curtailment of oil from Iran couples with OPEC view that global demand growth will soften in coming months

Alan Bailey

Petroleum News

Having in early October attained levels in the mid $80s, the price per barrel of Brent crude has fallen again, dropping to just over $70 at the beginning of November. And within that overall trend, there has been price instability, in response to geopolitical developments and the related potential i....

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Up and then down

Growing supply